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Author Topic: gambling in the crypto market  (Read 1475 times)
Daimon88
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July 12, 2018, 05:39:13 AM
 #161

I'm saying yes, in this modern days were everything has to be digital. Before internet hasn't recognized and was even highly doubted by the world but look on how important it is today.
Businesses needs to have internet and without which they can fall their sales, I'm comparing it to cryptocurrency that like what others said that crypto is still in early days of internet like before.
But it's not only suitable for gambling, it's suits for everything that requires payment.
Right.Cryptocurrency has a lot of its advantages not only in gambling but also in many aspects.And since everything today would turn into digital,crypto would be so much advantage to all gamblers out there who wish to hide their real identities and makes a more convenient payment system.I'm sure in the coming years crypto will be globally known as number of gamblers continue to increase its population.
The use of cryptocurrency has increased online gambling and now you can gamble easily with your bitcoin wallet. Different sites provide you the facility to use your bitcoin in gambling. I think a wise person will never use his bitcoin in gambling because bitcoin is the future and one should not use his future in gambling. Better not to gamble online and offline as well.

I really loved this technology just because it is helping us to make our lives better. We are being facilitated in a best way to live a happy and prosperous lives and so with bitcoin as well. It gives you best chance to make money to raise your living standards. But when these two things compounded and they are now available online to ruin people in form of gambling, this is so bad.
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July 13, 2018, 04:56:22 PM
 #162

gambling is not so safe online because of the risks you discussed which are against our security. If you want to stay away or want to get rid of these insecurities then simply follow gambling in casinos or any other place where you can start gambling where there gamblers follow the rules to play on a good manner. Online gambling is very good on rated sites but if you are not sure about it then follow traditional way.
It is not like there is no rules in gambling online as there are still some terms and conditions, but the only thing here is you are all to yourself and you really would not have much rule to break since all you have to do is play and do whatever you feel like.

It is highly impossible to cheat the system anyway and most of the time, with the provably fair, you are still losing anyway. One thing though is that with real casino, I feel there are better chances of winning with some strategies and a lot of luck than in online casinos.
Gambling on the whole is not good and people in your society will disrespect you, because opinion about a gambler is not good and a gambler always face negative attitude. Anyway I think that one should not gamble with his crypto because crypto is not only money but also a business and you should never use your business in gambling.
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July 14, 2018, 06:24:50 PM
 #163

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
it really seems like the market price here can be at stake how much according to the wishes of big investors who do have a very big investment on crypto so they can manipulate the price as they want because the price depends on the volality.
that's true we do not know when prices are going down and we do not know when prices go up all in all luck maybe because this crypto trade is almost synonymous with gambling.
There are some facilities in crypto gambling. You can receive and pay the bet money easily without any tension. You will have to go nowhere while play in online casino. No robing, no snatching, no stealing, you will be mentally relaxed while playing in online crypto gambling. But I think there is also disadvantage of crypto gambling, you can lose your investment.
Many people have started online gambling because of cryptocurrency. Now online gambling is easy than traditional gambling. You can gamble from your home. No tension of robbery, snatching or anything else. No need to go to casino. These are the benefits of crypto gambling. Payments and receipts are easy with cryptocurrency.

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July 16, 2018, 06:57:23 AM
 #164

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
it really seems like the market price here can be at stake how much according to the wishes of big investors who do have a very big investment on crypto so they can manipulate the price as they want because the price depends on the volality.
that's true we do not know when prices are going down and we do not know when prices go up all in all luck maybe because this crypto trade is almost synonymous with gambling.
There are some facilities in crypto gambling. You can receive and pay the bet money easily without any tension. You will have to go nowhere while play in online casino. No robing, no snatching, no stealing, you will be mentally relaxed while playing in online crypto gambling. But I think there is also disadvantage of crypto gambling, you can lose your investment.
Many people have started online gambling because of cryptocurrency. Now online gambling is easy than traditional gambling. You can gamble from your home. No tension of robbery, snatching or anything else. No need to go to casino. These are the benefits of crypto gambling. Payments and receipts are easy with cryptocurrency.


Lol it's me, i know about gambling is also because of cryptocurrency. Back then i was new about cryptocurrency and bitcoin, dice is really popular and i become a gambler too, since then i gamble on many games until now.

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July 16, 2018, 05:59:06 PM
 #165

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
I don't know why you have include the last part of dodging the law. I wouldn't say that get into crypto's because you can avoid paying taxes or avoid any law that you dislike, still be a law abiding citizen if there's no law in your country about crypto's. If your country disables gambling online and with the use of crypto's just follow your country's law but if there's no clear law about it and your country hasn't decided to impose ban or any regulation on it, do your fair judgment.

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July 16, 2018, 08:12:05 PM
 #166

The reason why i chose crypto when gambling is because it is more accessible and i am much enjoying playing poker or playing dice in my room rather than going to a casino to play poker or scrapper. In casino you can get free beers but i can buy and drink while gambling also in most convenient place for me inside the house.
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July 16, 2018, 09:17:03 PM
 #167

how is it not exactly gambling we bet price for those who are trading,.. we guess when we start selling our bitcoin whether the next step the price will rise or the price will go down if our guess is right in selling it because some time the price will come down then we win or arguably we can profit from selling at a price higher than the price when buying.,..
If we take our profit at earlier stage in crypto market, we might regret the opportunity that your bitcoin has to come with a portential growth that it can achieve further. However fluctuations will happen in such cases the price will not have certain value, it's expected to reach a profitable value without any limits. When you're risking your asset in trading markets, the idea of gambling principles is there but not totally taking all the moneys you have.

This notion of gambling in crypto can be used almost as a very simple model of how trading works, but its never as risky as in gambling because you can't lose it all...even if that happens the chances of coming back up again are still there

+_-
Darklinkz
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July 17, 2018, 05:59:42 AM
 #168

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin


I don't think you can dodge the law but I agree to what you have said in the other and I also prefer gambling with crypto. I only gamble with my dust balance in my trading histories. I don't want to get the same feeling of losing BTC.02 so quickly because of the desperation of making huge money.
orions.belt19
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July 17, 2018, 02:19:54 PM
 #169

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin


I don't think you can dodge the law but I agree to what you have said in the other and I also prefer gambling with crypto. I only gamble with my dust balance in my trading histories. I don't want to get the same feeling of losing BTC.02 so quickly because of the desperation of making huge money.

I don’t think that gambling with crypto would mean that it would be easy for you to dodge the law. Perhaps for now, there aren’t that much laws or restrictions for gambling with crypto but it’s not immortal from laws. Once a ban is made, then gamblers will be in trouble. Anyway, I don’t see how it poses as a solution but it has definitely provided better options for regular gamblers.
BitcoinMyBlood
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July 19, 2018, 07:14:12 AM
 #170

I'm saying yes, in this modern days were everything has to be digital. Before internet hasn't recognized and was even highly doubted by the world but look on how important it is today.
Businesses needs to have internet and without which they can fall their sales, I'm comparing it to cryptocurrency that like what others said that crypto is still in early days of internet like before.
But it's not only suitable for gambling, it's suits for everything that requires payment.
Right.Cryptocurrency has a lot of its advantages not only in gambling but also in many aspects.And since everything today would turn into digital,crypto would be so much advantage to all gamblers out there who wish to hide their real identities and makes a more convenient payment system.I'm sure in the coming years crypto will be globally known as number of gamblers continue to increase its population.
The use of cryptocurrency has increased online gambling and now you can gamble easily with your bitcoin wallet. Different sites provide you the facility to use your bitcoin in gambling. I think a wise person will never use his bitcoin in gambling because bitcoin is the future and one should not use his future in gambling. Better not to gamble online and offline as well.

I really loved this technology just because it is helping us to make our lives better. We are being facilitated in a best way to live a happy and prosperous lives and so with bitcoin as well. It gives you best chance to make money to raise your living standards. But when these two things compounded and they are now available online to ruin people in form of gambling, this is so bad.
Gambling in crypto market is increasing day by day because of the cryptocurrency. Those who do not want to visit casino but want to play games now spend most of their time in front of a computer and playing games for money using their cryptos. Some people say it is good and some are against it. I think that cryptocurrency is for earning money. Earn and then use.
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July 19, 2018, 07:20:10 AM
 #171

I don't think you can dodge the law but I agree to what you have said in the other and I also prefer gambling with crypto. I only gamble with my dust balance in my trading histories. I don't want to get the same feeling of losing BTC.02 so quickly because of the desperation of making huge money.
I don’t think that gambling with crypto would mean that it would be easy for you to dodge the law. Perhaps for now, there aren’t that much laws or restrictions for gambling with crypto but it’s not immortal from laws. Once a ban is made, then gamblers will be in trouble. Anyway, I don’t see how it poses as a solution but it has definitely provided better options for regular gamblers.
It sure provide us the alternative in gambling because of crypto. Just let's see the what would happen next. While as long as the restrictions haven't been set, just enjoy this time for gambling in crypto. Though I don't think the law for crypto gambling would be made soon.
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July 19, 2018, 11:00:43 AM
 #172

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
I don't know why you have include the last part of dodging the law. I wouldn't say that get into crypto's because you can avoid paying taxes or avoid any law that you dislike, still be a law abiding citizen if there's no law in your country about crypto's. If your country disables gambling online and with the use of crypto's just follow your country's law but if there's no clear law about it and your country hasn't decided to impose ban or any regulation on it, do your fair judgment.
We are always praising bitcoin and other altcoins for so many reason but if your country has made it illegal then your contribution towards this thing is compromised. Then you must know this isn’t good for you. What if your government or any governmental instituting come to know about this act, they would caught you and make cases over you and put you in jail.
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July 19, 2018, 11:45:42 AM
 #173

I don't think you can dodge the law but I agree to what you have said in the other and I also prefer gambling with crypto. I only gamble with my dust balance in my trading histories. I don't want to get the same feeling of losing BTC.02 so quickly because of the desperation of making huge money.
I don’t think that gambling with crypto would mean that it would be easy for you to dodge the law. Perhaps for now, there aren’t that much laws or restrictions for gambling with crypto but it’s not immortal from laws. Once a ban is made, then gamblers will be in trouble. Anyway, I don’t see how it poses as a solution but it has definitely provided better options for regular gamblers.
It sure provide us the alternative in gambling because of crypto. Just let's see the what would happen next. While as long as the restrictions haven't been set, just enjoy this time for gambling in crypto. Though I don't think the law for crypto gambling would be made soon.

I think the law for crypto gambling need a long time to be made because cryptocurrency is not yet accepted in all country and for the country that accepting cryptocurrency, they don't give any restrictions for crypto gambling. gambling in the crypto market will still exist unless there is any restriction from each government that doesn't allow to use crypto as a bet. and if we can use crypto for gambling, then it will easy for us to deposit our money and convert it to the crypto and we can play gambling.

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July 19, 2018, 12:47:47 PM
 #174

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
of course, I saw many gamble sites out there that only need 3 minutes step to make you're a gambler  Cheesy. Personally I prefer crypto gamble becoz it's quick set up and convenient but more important is the trusted of the site of course.

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July 19, 2018, 03:05:22 PM
 #175

Well, despite the fact that crypto market is kinda gambling itself, there are some undisputable advantages of using cryptocurrency for gambling and it is what online gambling was missing before the emergence of Bitcoin. I guess if anyone had a choice - use crypto with low fees, fast transactions and anonimity or regular fiat-based online casino with obligatory ID verification and decent fees - anyone would give preferense to crypto-casinos.
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July 19, 2018, 03:32:06 PM
 #176

The reason why i chose crypto when gambling is because it is more accessible and i am much enjoying playing poker or playing dice in my room rather than going to a casino to play poker or scrapper. In casino you can get free beers but i can buy and drink while gambling also in most convenient place for me inside the house.
I'm doing too, by gambling in the room that we have known for a long time at least will provide comfort and even calm in doing betting.

There is no heat from anyone else who scoff at the losses experienced and not hooked by the trap anyone else.
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July 19, 2018, 06:24:06 PM
 #177

I don't think you can dodge the law but I agree to what you have said in the other and I also prefer gambling with crypto. I only gamble with my dust balance in my trading histories. I don't want to get the same feeling of losing BTC.02 so quickly because of the desperation of making huge money.
I don’t think that gambling with crypto would mean that it would be easy for you to dodge the law. Perhaps for now, there aren’t that much laws or restrictions for gambling with crypto but it’s not immortal from laws. Once a ban is made, then gamblers will be in trouble. Anyway, I don’t see how it poses as a solution but it has definitely provided better options for regular gamblers.
It sure provide us the alternative in gambling because of crypto. Just let's see the what would happen next. While as long as the restrictions haven't been set, just enjoy this time for gambling in crypto. Though I don't think the law for crypto gambling would be made soon.
Yes i agree it make it very easy to play gambling online, we can use any crypto currency, because most of the online gambling site are accepting so many crypto currencies for playing gambling. It also made it too easy to play gambling from your bet without visiting any casino for playing gambling.

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July 19, 2018, 07:03:46 PM
 #178

Well, despite the fact that crypto market is kinda gambling itself,


Nothing is for certain when holding any asset, its probably that effect which helps to promoto crypto inversely.    The holding of plain dollar cash as notes or even in a bank account will result in a certain loss as any return is less then inflation.

That effect might seem to be slight but it helps produce the atmosphere where populations are willing to 'invest' into holding crypto and then using it to exchange value.    Crypto is especially useful for the smallest transactions and globally able to transmit value across nations.    Dollar wherever it goes stays the same currency reliant on USA government to continue as being favoured politically, they dont have the proper trade deficits to call it a secure currency its mostly done on faith.   I would call dollar a kind of gamble also, we gamble that idea of dollar value continues and it is not certain.

The uncertainity relates to crypto use and to gambling being enabled by the easy liquidity of displaced dollar users globally. 

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July 19, 2018, 08:30:15 PM
 #179

I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin

Just no, you can also use it for fast exchange purposes with other coins on the market.
A more suitable way for you to have Dollars instead Euros by changing your coins with someone else.

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July 20, 2018, 10:31:17 AM
 #180

I mean its not about dodging the law when playing. Noone will know you gambled or not. The important part is when you take out the winnings from the casinos and put it in an exchange
and try to take it out as fiat currency, well at that point you are in the hands of the law. The "gambling" part is not what makes it illegal, its the "cashing out" that makes it illegal hence if you gamble and lose, you are fine, if you gamble and win, thats risky.
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